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Gold Stevie Award Winner 2021, Click to Enter The 2022 StevieĀ® Awards for Great Employers

Name of Organization/Company: Visual Lease
Category: Employer of the Year - Computer Software - Up to 250 Employees

Entry Title: Visual Lease


Visual Lease is the #1 lease optimization software for managing, analyzing, streamlining and reporting on lease portfolios. Developed by industry-leading lease professionals and CPAs, it combines GAAP, IFRS and GASB-compliant lease accounting controls with easy, flexible and automated lease management processes. More than 700 of the world’s largest publicly traded and privately-owned corporations rely on Visual Lease to control their lease portfolios, integrate with their existing business systems and maintain regulatory compliance. Committed to ongoing innovation and unparalleled customer service, Visual Lease helps organizations transform their lease compliance requirements into financial opportunities.

The Visual Lease solution is informed by 35 years of experience managing lease financials, insights from our industry-pioneering CEO and feedback from more than 700 customers and accounting firms. By helping companies reduce cost and complexity, meet compliance requirements and discover business opportunities, Visual Lease provides them with the power to transform their leases into strategic business assets.

Since 2019, Visual Lease has maintained a 98% customer retention rate, which is undoubtedly fueled by the organization’s dedicated and growing team. To support its ongoing expansion, the organization has grown its headcount by 325 percent over the last three years.

In 2020, Visual Lease gained recognition within the top 10 percent on the Inc. 5000 list of fastest-growing companies in America and the top third of high-growth companies on the Deloitte 2020 Technology Fast 500™. Visual Lease was also recognized by NJBIZ as one of the Best Places to Work in New Jersey and was named No. 10 on NJBIZ’s list of New Jersey’s 50 Fastest Growing Companies in 2020. In 2021, Visual Lease was honored with a Bronze Stevie® Award in the Fastest Growing Company of the Year category in The 19th Annual American Business Awards®.

All employees across the organization have a seat at the table and are welcomed and encouraged to contribute. Through regular team meetings and one-on-ones, managers empower each individual to make an impact on the company from the moment that they join Visual Lease. Employees are encouraged to share roadblocks with their leaders so that they can help them overcome obstacles. Managers also stay close to their teammates’ passions. Understanding an individual’s capabilities and areas of interest enables managers to facilitate career growth opportunities while leveraging existing talent to meet new business needs. Visual Lease views its talent as its most valued investment – its management practices are an extension of that belief.

Visual Lease is invested in maintaining its award-winning culture, which encourages its employees to embrace 6 core values - innovate, own, care, adapt, poise and achieve excellence. Visual Lease’s employee values are the cornerstone of its culture, from how employees are treated, to how they treat one another, to how the company interacts with customers and the surrounding community.

The organization honors its culture and values from the onset of the hiring process. All candidates are evaluated not only on their hard skills but with the six core values in mind, as well. All hires go through an extensive onboarding program where they meet with the chairman, founder and CEO, Marc Betesh, as well as other senior leaders, to learn about the company. From day one, employees are equipped with the knowledge and resources to own their work, innovate and achieve success.

Since going remote, the organization has launched countless virtual activities, events and direct mailers to keep employees engaged. This includes weekly company meetings where leaders provide updates on key performance metrics, creating visibility and awareness for all employees. During these meetings, employees recognize others for embodying Visual Lease's core values.

To further collaboration, the organization recently launched a new company intranet where employees can easily exchange information and ideas. The organization believes that a healthy culture is easier to achieve when a company flourishes, and all employees are invested in contributing to that success. During all bi-annual reviews, employees are evaluated on how they’re upholding Visual Lease’s values.

In 2020, Inc. magazine announced that Visual Lease ranked #389 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Visual Lease ranked within the top ten percent with an impressive three-year growth rate of 1,193%.

In 2020, Visual Lease ranked 167 on Deloitte’s Technology Fast 500™, a list of the 500 fastest-growing public and private technology, media, telecommunications, life sciences and energy tech companies in North America.

In 2020, Visual Lease was named a 2020 “Best Place to Work in New Jersey” by NJBiz. The annual award recognizes and honors top employers in the state based on company culture, employee satisfaction, opportunity for growth and strength of leadership. Visual Lease joined 120 employers across the state named to the list and was among the 48 mid-sized employers (50-249 employees) to be recognized.

In 2021, Visual Lease was honored with a Bronze Stevie® Award in the Fastest Growing Company of the Year category in The 19th Annual American Business Awards®. The organization was recognized for its strong company culture and consistent, rapid growth.

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